Momentum is accelerating as we close out August 2025.
Protocol fees climbed to $1.18M in August — the highest monthly figure this year — putting us on track for an annualized run rate of approximately $14.4M. This steady growth in fundamentals highlights the increasing adoption and utility of the protocol.
As a reminder, every dollar of protocol revenue directly fuels ongoing open-market $BB buybacks, reinforcing value capture for holders and strengthening the long-term sustainability of the ecosystem.
With usage expanding and revenues at new highs, the flywheel is spinning faster than ever.
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